FDI and economic growth: new evidence on the role of financial markets
This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Elsevier
2010
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Online Access: | http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf |
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author | Wan Ngah, Wan Azman Saini Law, Siong Hook Ahmad, Abd Halim |
author_facet | Wan Ngah, Wan Azman Saini Law, Siong Hook Ahmad, Abd Halim |
author_sort | Wan Ngah, Wan Azman Saini |
collection | UPM |
description | This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent. |
first_indexed | 2024-03-06T07:32:16Z |
format | Article |
id | upm.eprints-14738 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T07:32:16Z |
publishDate | 2010 |
publisher | Elsevier |
record_format | dspace |
spelling | upm.eprints-147382019-04-09T03:51:03Z http://psasir.upm.edu.my/id/eprint/14738/ FDI and economic growth: new evidence on the role of financial markets Wan Ngah, Wan Azman Saini Law, Siong Hook Ahmad, Abd Halim This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent. Elsevier 2010 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf Wan Ngah, Wan Azman Saini and Law, Siong Hook and Ahmad, Abd Halim (2010) FDI and economic growth: new evidence on the role of financial markets. Economics Letters, 107 (2). pp. 211-213. ISSN 0165-1765; ESSN: 1873-7374 https://www.sciencedirect.com/science/article/pii/S0165176510000285#! 10.1016/j.econlet.2010.01.027 |
spellingShingle | Wan Ngah, Wan Azman Saini Law, Siong Hook Ahmad, Abd Halim FDI and economic growth: new evidence on the role of financial markets |
title | FDI and economic growth: new evidence on the role of financial markets |
title_full | FDI and economic growth: new evidence on the role of financial markets |
title_fullStr | FDI and economic growth: new evidence on the role of financial markets |
title_full_unstemmed | FDI and economic growth: new evidence on the role of financial markets |
title_short | FDI and economic growth: new evidence on the role of financial markets |
title_sort | fdi and economic growth new evidence on the role of financial markets |
url | http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf |
work_keys_str_mv | AT wanngahwanazmansaini fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets AT lawsionghook fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets AT ahmadabdhalim fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets |